Be carful.

The numbers look decent but should I increase anything and is it normal to come in and hit tenants with a fee that they currently don't pay (water, garbage and sewage), which would be an $83 fee.

If something were to happen on my property like college parties, is that normally protected under a good insurance policy?

I think we will see a more normal 3-5%.

Above all, use public transportation (you might be eligible for a free bus pass) or the cheapest possible car you can find to get around.If you can't get a job better than a minimum wage position, OK, I get it.

Everyone laughed, said she was an idiot, there's nothing to "specialize" in, FTHB are just normal easy vanilla loans, that's as stupid as a doctor saying they "specialize" in the common cold.

Some areas in mid-level cities have awesome returns but the trade off is normally worse tenants.

If your timeframe to buy your first home is within the next 2 years then the thing I would say is just focus on paying everything on time as normal. 

One approach is to look for 2-beds that are larger than normal and find a way to add a third bedroom.

@Jordan Whitworth, in a normal situation, I would say you're on the right path.